The Hobbit: An Unexpected Bounty

By

Anna Russell

Dec. 14, 2012 9:51 p.m. ET

Dear Frodo: About that ring you're thinking of trashing...

With "The Hobbit: An Unexpected Journey" firing up a second J.R.R. Tolkien film trilogy, auction houses and collectibles sellers are seizing the moment. They're offering relics related to the books, the first set of Peter Jackson films and "The Hobbit" movie, which opened Friday.